The Federal Government, state governments, and local government councils of Nigeria have shared a total of ₦1.681 trillion as revenue generated in April 2025, according to the Federation Account Allocation Committee (FAAC).
The revenue distribution was announced following FAAC’s monthly meeting held in Abuja, with the committee’s spokesperson, Bawa Mokwa, confirming the breakdown in a statement released on Friday.
The total distributable revenue includes:
- ₦962.882 billion from statutory sources,
- ₦598.077 billion from Value Added Tax (VAT),
- ₦38.862 billion from the Electronic Money Transfer Levy (EMTL), and
- ₦81.407 billion from exchange rate gains.
A gross revenue of ₦2.848 trillion was recorded for April, surpassing the ₦1.718 trillion recorded in March by ₦365.6 billion. Deductions for collection costs amounted to ₦101.051 billion, while ₦1.066 trillion was earmarked for transfers, interventions, refunds, and savings.
Revenue Distribution:
From the ₦1.681 trillion shared:
- The Federal Government received ₦565.307 billion
- State governments received ₦556.741 billion
- Local government councils received ₦406.627 billion
- ₦152.553 billion was allocated as 13% derivation to oil-producing states
Breakdown by Revenue Type:
1. Statutory Revenue (₦962.882 billion):
- FG: ₦431.307 billion
- States: ₦218.765 billion
- LGs: ₦168.659 billion
- Derivation (13% of mineral revenue): ₦144.151 billion
2. VAT Revenue (₦598.077 billion):
- FG: ₦89.712 billion
- States: ₦299.039 billion
- LGs: ₦209.327 billion
3. EMTL Revenue (₦38.862 billion):
- FG: ₦5.829 billion
- States: ₦19.431 billion
- LGs: ₦13.602 billion
4. Exchange Difference (₦81.407 billion):
- FG: ₦38.459 billion
- States: ₦19.507 billion
- LGs: ₦15.039 billion
- Derivation (13% of mineral revenue): ₦8.402 billion
According to FAAC, key revenue drivers in April included increased collections from Petroleum Profit Tax, Oil and Gas Royalties, EMTL, VAT, Excise Duty, Import Duty, and CET Levies. However, Companies Income Tax (CIT) experienced a significant decline.
